The Financial Assurance of LifeLock
August 15, 2008 – 4:09 pmThose of you who have been victims of identity theft know just how maddening and stressful it can be. While many banks and credit card companies will return some of your stolen money if the crime is reported within 60 days, actually getting them to do this can be extremely difficult. Companies have very little incentive to give back your money, and will often make it very difficult for the customer to claim their funds. One man was actually sued by his credit company for $75,000 due to an identity theft incident that happened 3 years prior.
Robert Korinke was enjoying dinner on Christmas Eve when he got an unexpected delivery. The package didn’t hold warm Christmas wishes. It was a notification that he was being sued by Homecomings Financial Network Inc. for $75,000. Three years before the incident, they had been victims of identity theft. They believed they had taken care of the massive debt racked up by the thief. The perpetrator had actually just changed the address on the account so they simply stopped receiving the notifications. Three years later their Christmas celebrations were overtaken by impending financial doom. After nearly a month of intense legal battles, the company agreed to drop the law suit. The Kronike family survived, but not without extreme difficulty and an all encompassing battle.
Often identity theft victims are faced with major opposition in recovering their funds. Big companies have the political and financial power to ignore or crush individuals. It is almost impossible for the average person to stand up to teams of professional lawyers. Thankfully LifeLock customers don’t have to worry about spending hours in long, difficult customer service calls or getting into epic battles with major corporations. Along with its other protection benefits, Life Lock provides professional customer support. Instead of dealing with the stress and frustration of restoring your name, you can let LifeLock take care of the whole process. Even if nothing can be done to restore your funds, Life Lock will reimburse you of any losses up to a million dollars.
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